Country comparison Latvia vs Ukraine

Subscribe to our free email alert service
 
Gouvernement
GDP Growth (%) [+]20240%chart2.9%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,749K
Annual GDP [+]2024€40,359Mchart€176,227M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$190,687M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€5,2852024GDP per capita [+]
GDP per capita [+]2024$23,243chart$5,7192024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart158,1112024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart171,0852024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart89.72%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,105chart€4,1902024Debt Per Capita [+]
Debt Per Capita [+]2024$10,934chart$4,5342024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart-30,3282024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart-32,8172024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart-17.21%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart125,597.92024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart135,903.82024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart9,138.62022Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart9,612.12022Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart8.49%2022Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart7,218,651,559.42021Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart8,541.02021Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart10.56%2021Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart60,765.72024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart65,751.82024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart54.01%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart71.27%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,900chart€3,3292024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,398chart$3,6022024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€2642022Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$2792022Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€1752021Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$1932021Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€1,8222024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$1,9722024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Ca05/30/2025Moody's Rating [+]
S&P Rating [+]05/31/2024ACCC+01/22/2026S&P Rating [+]
Fitch Rating [+]04/10/2020A-CC08/17/2022Fitch Rating [+]
Corruption Index [+]202360chart362023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart85º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart93.12024Fragile States Index [+]
RTI Raking [+]2024107ºchart19º2024RTI Raking [+]
Innovation Ranking [+]202442ºchart60º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]December 20257.0%
Unemployment rate [+]2025Q36.9%chart10.1%2017Q1Unemployment rate [+]
Unemployed [+]2025Q366Kchart1,787K2017Q1Unemployed [+]
NMW [+]2026$916.5chart$206.22026NMW [+]
NMW [+]2026€780.0chart€173.02026NMW [+]
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart24º2017Human Capital Ranking [+]
Markets
51.161402/17/2026Euro / Hryvnias [+]
US Dollar exchange rate [+]02/17/20260.8456chart43.170502/17/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]02/17/2026-2.17%chart0.42%02/16/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%chart12.0%December 2024CPI (overall index) [+]
HICP [+]December 20253.4%
PPI Year on Year [+]December 20250.3%chart7.9%December 2025PPI Year on Year [+]
Money Market
Key rates [+]06/11/20252.15%chart15.00%01/30/2026Key rates [+]
Business
Doing Business [+]202019ºchart64º2020Doing Business [+]
IPI Year on Year [+]December 20251.0%
Passengers vehicles Year [+]December 202433,318chart60,862December 2023Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart1.96December 2023Annual Vehicles/ 1,000 p. [+]
1,9932023Motor vehicle production [+]
Vehicles / 1,000 people [+]2021457.35chart204.012020Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart35.9%2024Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart20.00%01/01/2006Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart18.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart2,173,0002022Annual arrivals [+]
Exports [+]2025€19,604.9Mchart€33,330.3M2023Exports [+]
Exports [+]2025$22,153.1Mchart$36,040.0M2023Exports [+]
Exports % GDP [+]202447.26%chart19.88%2023Exports % GDP [+]
Imports [+]2025€23,255.2Mchart€58,750.6M2023Imports [+]
Imports [+]2025$26,277.9Mchart$63,527.0M2023Imports [+]
Imports % GDP [+]202454.31%chart35.05%2023Imports % GDP [+]
Trade balance [+]2025€-3,650.3Mchart€-25,420.3M2023Trade balance [+]
Trade balance [+]2025$-4,124.8Mchart$-27,487.0M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart-15.16%2023Trade balance % GDP [+]
Retail Sales YoY [+]December 20251.0%
Socio-Demography
Global AgeWatch Ranking [+]201535ºchart73º2015Global AgeWatch Ranking [+]
Density [+]202429chart632023Density [+]
Global Peace Ranking [+]202430ºchart159º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰chart2.90‰2021Crude divorce rate [+]
Remittance received ($M) [+]20171,090.0chart7,894.52017Remittance received ($M) [+]
% Immigrant [+]202012.65%chart12.07%2020% Immigrant [+]
% Emigrant [+]202020.07%chart14.82%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart5.63‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart4,328.02017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart13.13‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart0.982023Fertility Rate [+]
Crude marriage rate [+]20235.60‰chart5.20‰2021Crude marriage rate [+]
% risk of poverty [+]202522.0%chart23.2%2020% risk of poverty [+]
Population [+]20241,860,565chart37,732,8362023Population [+]
Immigrant stock [+]2020239,422chart4,997,3872020Immigrant stock [+]
Emigrant stock [+]2020380,010chart6,139,1442020Emigrant stock [+]
HDI [+]20220.879chart0.7342022HDI [+]
Gender Gap Ranking [+]202430ºchart63º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart73.422023Life expectancy [+]
Suicides [+]2023267chart9,0242015Suicides [+]
Suicide rate [+]202314.20chart21.192015Suicide rate [+]
Number of homicides [+]202347chart1,6732021Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart3.782021Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart3.172023CO2 Tons per capita [+]
02024Annual crude oil production [+]
395.02021Crude Oil Reserves [+]
Consumption GWh [+]20236,664chart89,4022023Consumption GWh [+]
Generation GWh [+]20236,202chart102,5692023Generation GWh [+]
Others
COVID-19 - Deaths [+]01/18/20267,691chart109,93701/18/2026COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]01/18/2026977,793chart5,554,96201/18/2026COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart15,741,03612/23/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]01/18/20264,133.69chart2,913.5601/18/2026COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart35,735,49012/23/2023Doses administered [+]
Latvia
Ukraine